Academic Journal
Identification and Estimation of Online Price Competition with an Unknown Number of Firms ∗
| العنوان: | Identification and Estimation of Online Price Competition with an Unknown Number of Firms ∗ |
|---|---|
| المؤلفون: | Yonghong An, Michael R. Baye, Yingyao Hu, Johns Hopkins, John Morgan, Matt Shum |
| المساهمون: | The Pennsylvania State University CiteSeerX Archives |
| المصدر: | http://www.econ2.jhu.edu/people/hu/E_Retail_Markets_2012.pdf. |
| سنة النشر: | 2012 |
| المجموعة: | CiteSeerX |
| مصطلحات موضوعية: | E-Retail Markets, Nonparametric Identification, Structural Estimation |
| الوصف: | This paper considers identification and estimation of a general model for online price competition. We show that when the number of competing firms is unknown, the underlying parameters of the model can still be identified and estimated employing recently developed results on measurement error. With the estimates of model parameters, we are able to analyze the competitive effects of online competition when the number of firms changes. We illustrate our methodology using UK data for personal digital assistants and employ the estimates to simulate competitive effects. Our results reveal that heightened competition has differential effects on the prices paid by different consumer segments. |
| نوع الوثيقة: | text |
| وصف الملف: | application/pdf |
| اللغة: | English |
| Relation: | http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.433.1492; http://www.econ2.jhu.edu/people/hu/E_Retail_Markets_2012.pdf |
| الاتاحة: | http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.433.1492 http://www.econ2.jhu.edu/people/hu/E_Retail_Markets_2012.pdf |
| Rights: | Metadata may be used without restrictions as long as the oai identifier remains attached to it. |
| رقم الانضمام: | edsbas.1C0B9BF3 |
| قاعدة البيانات: | BASE |
| الوصف غير متاح. |